 "Hero MotoCorp up on capex plans to maintain leadership")
The capital expenditure includes an investment of Rs 600 crore on its upcoming fourth plant and global parts centre at Neemrana and Rs 100-150 crore on a state-of-the-art integrated research and development centre at Kukas, Economic Times reported today.
The company also plans to spend Rs 400 crore on IT instruments, existing plants and its proposed fifth plant in Gujarat, the report said.
Over 96,000 shares were traded on the Bombay Stock Exchange and National Stock Exchange so far.
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